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AusGroup
Oil & Gas
AusGroup awarded 5-year maintenance contract by Esso (Thailand)
This will see AusGroup Corporation become the Scaffold and Insulation services contractor of the Sriracha Refinery
October 12, 2020
Contracts
AusGroup clinches multi-year integrated services contract with WesCEF
AusGroup has been awarded an integrated services contract as part of the Wesfarmers Chemicals, Energy & Fertilisers (WesCEF) maintenance panel to provide services to its CSBP and Kleenheat businesses.
June 17, 2020
Oil & Gas
Crude oil prices see double whammy from Covid-19, Opec+ spat; likely to stay low ahead
SINGAPORE (March 13): Crude oil prices have already taken a blow since the start of 2020. The outbreak of the novel coronavirus or Covid-19 did not only infect more than 119,000 and kill more than 4,000, but also impeded economic activity. This led to
March 13, 2020
M&A
AusGroup to buy housing village & facilities on Australia's Melville Island for $11.4 mil
SINGAPORE (Feb 19): AusGroup, the construction and marine services provider, is acquiring an accommodation village plus facilities worth A$11.8 million ($11.4 million).
The village comprises a 119-man accommodation camp, kitchen, administration buildin
February 19, 2019
Results
AusGroup reports 87.9% fall in 2Q earnings to A$0.5 mil on reduced operating activity
SINGAPORE (Feb 13): Construction and engineering company AusGroup saw its earnings fall 87.9% y-o-y to A$0.49 million ($0.47 million) for the 2Q ended Dec 2018 as compared to earnings of A$4.8 million in 2Q18, due to reduced operating activity.
February 13, 2019
Results
AusGroup reports 16.1% rise in 4Q earnings to $2.7 mil
SINGAPORE (Aug 30): AusGroup announced earnings of A$2.7 million ($2.7 million) for the 4Q ended June, up 16.1% from A$2.4 million a year ago on higher revenue and improved gross margin.
August 30, 2018
AusGroup wins $11.7 mil contract for turnaround services at liquid ammonia plant
SINGAPORE (May 8): AusGroup’s subsidiary, AGC Industries, has been awarded a contract worth A$11.7 million ($11.7 million) for turnaround services at the Yara Pilbara liquid ammonia plant in Western Australia.
May 08, 2018
AusGroup bags $27 mil contract for structural, mechanical and piping installation in Western Australia
SINGAPORE (Apr 20): AusGroup’s subsidiary, AGC Industries, has been awarded a contract worth A$27 million ($27.4 million) for a structural, mechanical and piping installation package in Western Australia.
April 20, 2018
Results
AusGroup 2Q earnings treble to $4.2 mil
SINGAPORE (Feb 13): AusGroup’s 2Q18 earnings almost trebled at A$4.07 million ($4.23 million), compared to A$1.11 million in 2Q17.
February 13, 2018
Results
AusGroup swings back to profitability; posts 1Q earnings of $3.3 mil
SINGAPORE (Nov 7): AusGroup has swung back to the black in 1Q18, posting earnings of A$3.12 million ($3.3 million) compared to a loss of A$2.08 million in 1Q17.
November 07, 2017